The 2017 Mustang follows with the same major model/engine combinations as the previous year with a 300hp 3.7L V6 model, a 310hp 2.3L turbo 4-cylinder EcoBoost model, a 435hp 5.0L V8 GT, and the special 526hp 5.2L V8 Shelby GT350. All model come as a door-door coupe fastback or convertible but the GT350, which comes only as a fastback. Special equipment groups include a GT350R Package, a Black Accent Package, California Special, EcoBoost Performance Package, GT Performance Package, and Pony Package. As far as exterior paint colors: Grabber Blue is back, White Platinum is new, where Avalanche gray is only for the GT350, new Lightning Blue replaces Deep Impact Blue, Guard green is gone as well as Competition Orange.

The 2017 Shelby GT350 has a 526hp 5.2L V8 under the hood. An options package is the GT350R which adds a large carbon fiber rear decklid spoiler, front splitters, red outlined stripes, red front grille badge, and interior deletes to make it lighter including no rear seats.